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Australian Bet Types & Cost Calculators
WIN - If you are betting with a bookmaker online or betting with the TAB/Tote, the simplest and most popular way to bet is for the WIN. Sportsbet.com.au offers several different ways to place yor WIN bet:
Top Tote Plus: Sportsbet pay the best dividend of the three Australian Totes or the Starting Price (SP), whichever is bigger. If the odds on a winner in Melbourne were better in New South Wales, those are the odds you receive. Available on Australian horse racing all day every day.
Fixed Odds: Available days, weeks or months in advance on all feature races (such as the Melbourne Cup) and up to approximately 20 minutes before the advertised race start time. You receive the odds available at the time you bet regardless of any betting fluctuations.
Top Fluc: wagers will be paid at the top official bookmakers fluctuation. Available on selected meetings in Melbourne, Sydney, Brisbane, Adelaide & Perth.
Starting Price (SP): the official on-course bookmakers dividends declared at the end of betting.
PLACE / EACH-WAY - Place dividend is paid if the runner finishes 1st, 2nd or 3rd. Averagely pays around 25% of the win dividend. If you back your runner Each-Way you will receive the WIN & PLACE dividend if it finishes first, or the PLACE dividend only if it runs second or third.
Multiple / Exotic Bet Costs - Quinella, Trifecta, First 4
Want to know how much a Quinella Costs? What is a Trifecta? How much is a box First Four?
Here is your guide to Australian Horse Racing Bet Types including cost calculators & formulas.
QUINELLA - Choose two or more runners to finish 1st & 2nd in any order.With three or more runners, your selections are BOXED. Sportsbet offers Quinella betting online for Australian Thoroughbred, Harness & Greyound racing and match home tote prices.
Quinella Cost Calculator (100%): 3 runners - $3 | 4 runners - $6 | 5 runners - $10 | 6 runners - $15 |
7 runners - $21 | 8 runners - $28| 9 runners - $36 | 10 runners - $45 | 11 runners - $55
EXACTA - two or more runners to finish 1st & 2nd in exact order. You can choose one runner to win (Standout) and any number of selections to finish 2nd, or you can box your selections to finish in any order.
Box Exacta Cost Calculator (100%) : 3 runners - $6 | 4 runners - $12 | 5 runners - $20 | 6 runners - $30 | 7 runners - $42 | 8 runners - $56 | 9 runners - $72 | 10 runners - $90 | 11 runners - $110
Flexi-Betting gives you a percentage of the full dividend and (unlike the TAB) is available on Quinella & Exacta wagers with Sportsbet.
TRIFECTA – with a much higher dividend than Win & Place or Quinella, Trifecta is paid on the first three horses to cross the line. Can be in order (1,2,3), Standout (one horse to win only), Multiple or Boxed. Sportsbet offers online Trifecta betting for all Australian racing and match home tote prices.
Box Trifecta Cost Calculator (100%): 3 runners - $6 | 4 runners - $24 | 5 runners - $60 | 6 runners - $120 | 7 runners - $210 | 8 runners - $336 | 9 runners - $504 | 10 runners - $720| 11 runners - $990
Standout (one runner to win) Trifecta (100%): + 3 runners - $6 | + 4 runners - $12 | + 5 runners - $20 | + 6 runners - $30 | + 7 runners $42 | + 8 runners - $56 | + 9 runners - $72 | + 10 runners - $90
Multiple Trifecta Calculator Formula: use this system to calculate the cost of a Trifecta bet. In this example, you are including your first selections plus one more runner for second and your second selections plus two more runners for third. Simply multiply the number of horses selected for first by the number for second minus 1, then multiply by the number of 3rd selections minus two.
Eg: A & B for 1st, A & B & C for 2nd, A & B & C & D & E for 3rd - the formula is 2 x 2 x 3 = $12.
FIRST 4 - Select the 1st, 2nd, 3rd & 4th placegetters. Can be in order (1,2,3,4), Standout (one horse to win only), Multiple or Boxed. Sportsbet offers online First 4 betting for Australian thoroughbred horse racing and match Victorian TAB tote prices.
Box First Four Cost Calculator (100%): 4 runners - $24 | 5 runners - $120 | 6 runners - $360 | 7 runners - $840 | 8 runners - $1680 | 9 runners - $3024
Standout (one runner to win) First Four (100%): + 3 runners - $6 | + 4 runners - $24 | + 5 runners - $60 | + 6 runners - $120 | + 7 runners - $210 | + 8 runners - $336 | + 9 runners - $504
Multiple First Four Calculator Formula: use this system to calculate the cost of a First Four. In this example, you are including your first selections for second, your first & second selections for third, and your first, second & third selections for fourth. Simply multiply the number of horses selected for first by the number for second minus 1, then multiply by the number of third selections minus two, and the number of fourth selections minus 3.
Eg: A & B for 1st, A & B & C for 2nd, A & B & C & D for 3rd, A & B & C & D & E for fourth - the formula is 2 x 2 x 2 x 2 = $16.
% Flexi-Betting Explained.
Flexibet is available on most bet types at Sportsbet, including:
Quinella
Exacta
Trifecta
First 4
Quaddies
Running Doubles
Super 6.
Q. How does Flexi-Betting work?
A. The amount you invest is calculated as a percentage of the full dollar dividend.
Example: a boxed First 4 with 5 runners costs $120 to receive 100% of the dividend. If you invest $30, your percentage is 25% of the dividend.
DOUBLES - pick the winners of two selected races.
Daily Double (winners of two non-consecutive races). Select one or more runners in each race, Sportsbet pays the home tote dividend. You can assess the approximate dividend by multiplying the odds of each winner, but the actual return depends on the number of live tickets in the pool.
Double Cost Calculator (100%): Multiply your selections in each leg. Eg: 2 x 3 = $6.
Feature Doubles: select the winners of two special event races such as the Caulfield Cup and the Melbourne Cup. Odds can be available up to several weeks ahead of the final field being nominated, and betting is all in (no refunds if your selections do not start.) Can offer very good odds due to the higher risk, but the earlier you bet the better the odds you receive.
TREBLE - pick the winners of three consecutive nominated races. Available on all Australian thoroughbred racing, Sportsbet pays the Unitab dividend.
Select one or more runners in each race, Flexi-Betting is available from Sportsbet.
Treble Cost Calculator (100%): Multiply your selections in each leg. Eg: 2x2x3 = $12
QUADDIE - pick the winners of four consecutive nominated races. Available on all Australian thoroughbred racing, Sportsbet pays the home tote dividend, including Jackpots.
Select more than one runner in each leg for a Standard Quaddie, Flexi-Betting is available.
Quaddie Cost Calculator (100%): Multiply your selections in each leg. Eg: 2x2x3x3 = $36
SUPER 6 - you've heard about the huge dividends available from the NSW & VIC TAB Big 6 - Sportsbet matches this offer with Super 6 every Saturday! No matter where in Australia you live, if you pick 5 or 6 winners in the nominated Big 6 races, you get a matched dividend from Sportsbet. Flexi Betting is available and you can nominate more than one runner in each leg.
Super 6 (Big 6) Cost Calculator (100%): Multiply your selections eg: 2x2x1x3x2x4 = $96
Tote Multi - Doubles, Trebles, Quaddie & Super 6
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